IATA forecasts lower airline profits in 2026
The International Air Transport Association (IATA) expects global airline profits to decline to $23 billion in 2026, down from previous estimates of $41 billion, representing a deterioration compared to $45 billion in 2025. This decline is driven by rising fuel prices, the ongoing war in the Middle East disrupting flight routes, and turmoil in the Gulf region affecting airlines. Some smaller airlines are expected to face bankruptcy or acquisition, while ticket prices remain high, prompting some carriers to exit unprofitable markets.
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